Tag: jobs

Dodge Momentum Index Falls 5% After 6 Straight Months of Gaining

The Dodge Momentum Index ended a six-month streak of gains in April, falling 5.1% to overview-safety133.8 from a downward-revised revised March reading of 140.9, according to Dodge Data & Analytics.

The institutional sector, the driver of previous gains in the index, dropped 12%, while the commercial segment remained almost flat at 0.1%.

Even with this reported setback in momentum, since early 2016, the index has gained more than 20% through the end of March 2017 — Continue reading “Dodge Momentum Index Falls 5% After 6 Straight Months of Gaining”

Economic Update: Strong Job Growth Driven By Construction Industry 

Businesses added 298,000 jobs in February, continuing a second month of solid job growth, according to the ADP National Employment Report. The growth was driven by intensive hiring in construction and manufacturing.

The US Bureau of Labor Statistics reported Continue reading “Economic Update: Strong Job Growth Driven By Construction Industry “